Fidelity lobbies SEC for Bitcoin ETF
Fidelity Investments is lobbying the U.S. Securities and Exchange Commission (SEC) to approve the financial service company's Bitcoin exchange-traded fund (ETF).
US stock market faces risk of bumpy autumn, Wall Street analysts warn
After a record-breaking bull run for the U.S. stock market this year, many Wall Street analysts are starting to warn that investors could be in for a bumpy ride in the coming weeks and months.
Bank of America shakes up leadership team
Bank of America chairman and CEO Brian Moynihan said the changes "position the company with highly energized leaders who are committed to driving Responsible Growth through its second decade – delivering for our clients, communities and shareholders, and addressing major societal issues."
Wells Fargo hit with new $250M fine for failure to pay back wronged customers
A top U.S. banking regulator fined Wells Fargo (WFC.N) $250 million and placed new restrictions on the bank's business after finding shortcomings in its earlier efforts to pay back customers it had previously harmed.
European Central Bank easing support as recovery strengthens
An increase in business activity and consumer spending pushes ECB to pause on emergency pandemic support.
Dallas Fed’s Robert Kaplan was an active buyer and seller of stocks last year
Robert Kaplan, President of the Federal Reserve Bank of Dallas made multi-million-dollar plus stock trades in 2020, according to a financial disclosure provided by his bank. Other regional Fed leaders reported smaller financial holdings and transactions.
State Street to buy Brown Brothers unit for $3.5B to expand custodian operations
State Street's deal to buy BBH's investor services business includes accounting, fund administration, global markets, and technology services operations.
Fed's Jackson Hole Symposium: What you need to know
The Fed’s Jackson Hole meeting may be virtual this year but it is still one of the hotly anticipated wonk fests of the year.
Goldman Sachs, Credit Suisse, Morgan Stanley adjust return-to-office plans amid delta variant concerns
Goldman Sachs, Credit Suisse, and Morgan Stanley are making adjustments to their return-to-the-office plans amid growing concerns about the spread of the delta variant.
OnlyFans founder Tim Stokely says banks forced him to ban porn
The founder of OnlyFans blames big banks like JPMorgan Chase for forcing him to ban sexually explicit content — and says the company will “absolutely” bring back porn if Wall Street becomes more accepting.
Antivaxxers become social outcasts on Wall Street
As Wall Street scrambles to find safe ways to return its bankers to the office as the Delta variant surges, some financiers have found a scapegoat for the mess: the unvaccinated.
US banks and money-transfer firms tread carefully in Taliban-controlled Afghanistan
Two major U.S. money-transfer services have suspended payments into Afghanistan, and American banks are more closely scrutinizing transactions with Afghan counterparts, as they await clarity on whether U.S. sanctions on the Taliban apply across the nation now that the Islamist group is in control.
Charles Schwab boosts pay, delays return to office
Charles Schwab employees are getting a pay bump as the firm’s core new assets reached a record $257 billion.
Trump rips JPMorgan's Dimon over China threat: He is 'no patriot'
Former President Donald Trump slammed JPMorgan Chase CEO Jamie Dimon for his stance on doing business in China, arguing that he is “no patriot.”
US banks walk tightrope of encouraging, but not mandating vaccines
Big Wall Street banks have started enforcing stricter mask and vaccine requirements for staff, sometimes communicating them behind the scenes, in an effort to combat coronavirus infections in their offices while avoiding a fierce national debate about individual rights, sources at the banks and consultants who work with them told Reuters.
Fed's Rosengren: Stimulus wind down to begin by fall
The president of the Federal Reserve Bank of Boston added his voice Monday to a growing number of people, inside and outside the Fed, who say the central bank should soon begin to dial back its extraordinary aid for an economy that is strongly recovering from the pandemic recession.
JPMorgan's Dimon on Elizabeth Warren attack over 'baloney' overdraft fees: 'We will do what’s competitive'
JPMorgan CEO Jamie Dimon addressed a recent clash with Sen. Elizabeth Warren, D-Mass., over his bank’s overdraft fees and noted that it will "make a bunch of changes," if it is appropriate.
ND governor on first Chase Bank in Fargo: Companies are recognizing state’s ‘booming’ economy
North Dakota Gov. Doug Burgum on the state’s first JPMorgan Chase branch and growing economy.
Fired executive says Deutsche Bank’s DWS overstated sustainable-investing efforts
Deutsche Bank AG’s asset management arm, DWS Group, DWS -0.30% tells investors that environmental, social and governance concerns are at the heart of everything it does and that its ESG standards are above the industry average.
UBS profit jumps on wealth management boom
UBS Group AG posted better-than-expected second-quarter earnings from strong client activity in the world’s buoyant markets.



















